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Carrols Restaurant : Reports Financial Results for the Second Quarter 2021

Townsquare Reports Strong Start To 2021 With Digital Revenue, Growing +13% Year Over Year (+32% vs 2019) And Adjusted EBITDA Growing +30% Year Over Year (+7% vs 2019)

Share this article Share this article PURCHASE, N.Y., May 10, 2021 /PRNewswire/ Townsquare Media, Inc. (NYSE: TSQ) ( Townsquare , the Company, we, us, or our ) announced today financial results for the first quarter ended March 31, 2021. We are extremely proud to report that Townsquare s first quarter 2021 results approached, and in some cases exceeded, levels achieved in the pre-COVID first quarter of 2019, which surpassed our expectations and previously stated guidance.  In the first quarter of 2021, net revenue declined -5% year over year, and -1.6% excluding political and Live Events net revenue.  When excluding Live Events net revenue, first quarter net revenue increased +0.3% as compared to the first quarter of 2019. Total digital revenue growth accelerated to +13% year over year (+32% vs. Q1 2019), contributing nearly 49% of Townsquare s total first quarter net revenue.  Our digital revenue growth was fueled by Townsquare Interactive (TSI), our digital marketi

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